‘We Are Committed’: JD Vance Says US Will Honour First Phase Of Iran Deal

Last Updated:June 18, 2026, 22:29 IST

US Vice President JD Vance backs US-Iran peace deal, Strait of Hormuz reopens, oil flows surge as 60-day talks on Iran's nuclear programme begin.

US Vice President JD Vance on Thursday said Washington is committed to “implement our side" of the first phase of the peace deal signed with Iran.

United States President Donald Trump and his Iranian counterpart, Masoud Pezeshkian, on Thursday signed a peace deal aimed at ending the months-long US-Iran war in West Asia.

The memorandum stops the fighting, provides for the reopening of the Strait of Hormuz and begins a 60-day negotiating period over Iran’s nuclear programme.

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Addressing reporters at the White House, JD Vance said, “We are committed to implementing our side of the first phase of the agreement."

He further said that the 60-day period stipulated in the memorandum of understanding with Iran started on Thursday.

The Vice President said that 12.5 million barrels of oil crossed the Strait of Hormuz last night. “The amount of oil that passed through the Strait of Hormuz last night represents the highest rate since the start of the conflict," he said.

After the signing of the Memorandum of Understanding between the US and Iran, the blockade of Iranian ports was lifted.

The data tracked by global merchandise trade monitoring agency Kpler showed that the traffic flowing from one of the most important global chokepoints – the Strait of Hormuz – has only been low.

Experts, according to several media reports, had suggested it will take time for global trade, even in crude oil, to return to normal volumes following a break in hostilities.

News world ‘We Are Committed’: JD Vance Says US Will Honour First Phase Of Iran Deal

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